Global economy to slow as Donald Trump’s trade wars hit growth, OECD warns – business live

Jersey City Mayor Steven Fulop, who's running for governor, sat down to explain how his administration managed to build a ton of new housing—something most cities struggle with. He talks about zoning changes, developer incentives, and how to balance growth with affordability.

Editor’s Note: Housing shortages are crushing cities everywhere, but Jersey City’s success offers a rare blueprint. If Fulop’s strategies can scale, it might actually help ease the affordability crisis—and boost his gubernatorial bid in the process.

Jersey City's mayor breaks down how the city managed to build a ton of new housing—without the usual political gridlock. The key? Creative zoning, incentives for developers, and a focus on mixed-income projects. It’s a rare success story in a region where housing shortages are the norm.

Editor’s Note: Housing crises are everywhere, but Jersey City’s approach offers a blueprint for other cities struggling to keep up with demand. If their strategies can be replicated, it could mean more affordable homes and less bureaucratic paralysis—something a lot of places desperately need right now.

Retail businesses are getting hit hard by cybercriminals—and it’s not exactly breaking news, but it’s still a big problem. The article digs into why shops, both online and brick-and-mortar, keep ending up in hackers’ crosshairs, even though they’ve been warned about these risks for years.

Editor’s Note: If you’ve ever hesitated to punch in your credit card details online, this story explains why that gut feeling isn’t totally off. Retailers handle tons of sensitive data, making them juicy targets for cyberattacks. The piece matters because it highlights a persistent weak spot that affects both businesses and shoppers—and why, despite years of warnings, the problem isn’t going away.

Europe's top venture capitalists are clashing over whether to embrace China's infamous "996" work culture—where employees work 9 AM to 9 PM, six days a week. Some VC leaders are pushing for extreme hustle, while others are firing back, dismissing the idea as toxic advice from "finance bros in hoodies" who prioritize grind over well-being.

Editor’s Note: This isn’t just a debate about hours—it’s a fight over what kind of work culture Europe wants. If the pro-"996" side wins, it could normalize burnout and reshape expectations for startups everywhere. But the backlash shows many still believe success doesn’t have to come at the cost of sanity.

India’s rail network is taking a big leap forward with the launch of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) on June 6, spearheaded by Prime Minister Narendra Modi. The highlight? Two brand-new Vande Bharat trains will start running between Katra and Srinagar, crossing the jaw-dropping Chenab Bridge—one of the world’s highest railway bridges. Regular services kick off next year in June 2025, initially operating six days a week. This isn’t just about faster travel; it’s a game-changer for connectivity in Kashmir, linking key pilgrimage and tourist spots.

Editor’s Note: For decades, Kashmir’s rugged terrain made rail travel a distant dream. This project—especially the Chenab Bridge—is a feat of engineering that’ll shrink travel times, boost tourism, and improve access for locals. The Vande Bharat trains add a modern touch, signaling India’s push for high-quality infrastructure in regions that need it most. It’s more than tracks and trains; it’s about stitching the valley closer to the rest of the country.